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Question 10 (5 points) A two-year investment of $200 is made today at...

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Finance

Question 10 (5 points)

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A two-year investment of $200 is made today at an annual interest rate of 6%. Which of the following statements is true?

Question 10 options:

The PV is $178.00.

The FV is $224.00.

The FV is $224.72.

This question is irrelevant because there are no two-year investments that earn an average of 6% per year.

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